EconomicsUSA: Stock Market: General Motors Corporation and its spin-off liquidation corp

I decided to do a little sleuthing regarding the stocks traded on various stockmarket, the ones bawt and sold on the New York Stock Exchange, and indexed not on the Dow Industrial Average as it turns out, rather on the NASDAQ index. NASDAQ is the

U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on the trading of domestic securities not listed on the regular stock exchanges. It publishes two composite price indexes daily as well as bank, insurance, transportation, utilities, and industrial indexes. By the 1990s it had surpassed the American Stock Exchange (AMEX) to become the second largest U.S. securities market, in terms of market capitalization, after the New York Stock Exchange (NYSE). Members register with the Securities and Exchange Commission (SEC) and meet requirements for assets, capital, public shares, and shareholders. In 1999 it merged with AMEX to form the Nasdaq-Amex Market Group, and in 2000 NASD sold nearly half its interest in NASDAQ to private investors.

My motive was in rummaging about for relevamt factoids has been simply that I ran across a lovely little app, a freebie called StockMeter that puts a stock quotation or two in your main Menu Bar on your personal computer screen, and Stockmeter then follows the change in the quotation, as the stock is exchanged over the course of the day. What a hoot! An update every half-hour or so, of a specific stock I choose to follow for a while.  Read more ...